A statement on the deal released Friday said “the agreement entails the sale of the cable TV and broadband internet assets and subscribers of DCI, SBC, and UNI to SKY.”

“The pay TV and broadband markets require continuous significant investments, if we are to keep up with our major competitors, particularly the direct-to-home satellite (DTH) and telco companies,” said David Lim, president of DCI, SBC, and UNI.

Lim said the agreement was reached order to give their Destiny Cable and MyDestiny broadband subscribers “the best products and services possible.”

To do this, Lim said they “realized that this will entail resources, for digitizing our cable network and expanding our broadband services, that we do not have.”

“We believe our agreement with SKY will allow subscribers to enjoy the benefits of the latest technologies," Lim said.

He said SKY “will take extra care not to disrupt the existing services of the current subscribers – they will continue to pay same monthly fees for their subscribed plans, at the same payment centers, and can continue to reach Customer Service at the same numbers. We will make announcements on new services to be made available, at the appropriate time.”

Lim said the deal will allow their holding company, Solid Group Inc., to focus on selling its mobile phone brand, MyPhone.

“Our tie up with SKY came at an opportune time as it allows us to focus on our other core businesses. Our holding company Solid Group Inc (SGI), markets and distributes the leading Filipino mobile phone brand MyPhone," he said.

ABS-CBN Corp.'s Sky Cable is the Philippines’ largest cable television service provider with around 500,000 upscale subscribers in Metro Manila and key urban areas nationwide.

Try any of the following:
Pull-out and re-insert the smart card
Wipe the microchip of the card with a dry fabric
Gently move the card in and out for several times
Slightly scratch the microchip with pencil eraser
Reset your digital box by turning it off and pulling out the plug

E16 Service is currently scrambled

Try either of the following:
Pull-out and re-insert the card
If there's a Music Note Symbol on your TV screen, just press the Music Note button on your remote control below the EPG button.

E48 No signal
E52 Searching for signal

Try either of the following:
Check and secure the connections of your digital box.
Reset your digital box by turning it off and pulling out the plug.
Check the connection of your Coax Cable if loose connection.

E50 No service available

Try either of the following:
Check and secure the connections of your digital box.
Check the connection of your Coax Cable if loose connection.
Re-scan/Re-program your digital box by doing the following:

A statement on the deal released Friday said “the agreement entails the sale of the cable TV and broadband internet assets and subscribers of DCI, SBC, and UNI to SKY.”

“The pay TV and broadband markets require continuous significant investments, if we are to keep up with our major competitors, particularly the direct-to-home satellite (DTH) and telco companies,” said David Lim, president of DCI, SBC, and UNI.

Lim said the agreement was reached order to give their Destiny Cable and MyDestiny broadband subscribers “the best products and services possible.”

To do this, Lim said they “realized that this will entail resources, for digitizing our cable network and expanding our broadband services, that we do not have.”

“We believe our agreement with SKY will allow subscribers to enjoy the benefits of the latest technologies," Lim said.

He said SKY “will take extra care not to disrupt the existing services of the current subscribers – they will continue to pay same monthly fees for their subscribed plans, at the same payment centers, and can continue to reach Customer Service at the same numbers. We will make announcements on new services to be made available, at the appropriate time.”

Lim said the deal will allow their holding company, Solid Group Inc., to focus on selling its mobile phone brand, MyPhone.

“Our tie up with SKY came at an opportune time as it allows us to focus on our other core businesses. Our holding company Solid Group Inc (SGI), markets and distributes the leading Filipino mobile phone brand MyPhone," he said.

ABS-CBN Corp.'s Sky Cable is the Philippines’ largest cable television service provider with around 500,000 upscale subscribers in Metro Manila and key urban areas nationwide.

MANILA, Philippines - Sky Cable Corp. on Monday said it would borrow money to finance the acquisition of Destiny Cable Inc. and its two affiliates.

In a disclosure to the Philippine Stock Exchange, ABS-CBN Corp., the parent company of Sky Cable, said it will use both equity and borrowed funds to finance the purchase of the assets of Destiny Cable, Solid Broadband Corp. and Uni-Cable TV Inc. for P3.5 billion.

Under the asset purchase agreement, Sky Cable, a subsidiary of Sky Vision Corp., will purchase all Destiny Cable assets for P2.4 billion.

The Lopez-owned Sky Cable also will acquire Solid Broadband for P1 billion and Uni-Cable for P93.6 million.

In a separate disclosure, Solid Group Inc. said the sale of its cable TV and broadband Internet assets would allow the company to focus on its evolving new businesses in the fields of wireless digital devices and technologies and other projects. The Solid Group also manufacturers and markets the myPhone brand of mobile phones.

Now that Sky buys Global Destiny, is there a possibility to that GNN will be ceased it's broadcast and replace it with ANC to all Global Destiny Subscribers?
And since Global Destiny has it's own Satellite service G-Sat, Is there a possibility that SkyCable will also make business in the Satellite Industry?